NRBC Bank’s deposits increased by 17pc at Q1

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Business Desk :
At the end of March 2024, the amount of deposits in NRBC Bank has increased by nearly 17 percent. Moreover, compared to the same period last year, the Net Asset Value (NAV) per share of the bank has increased.

This information was obtained from the unaudited financial report of the bank’s first quarter published on Thursday.

According to the report, as of January-March, the net asset value (NAV) per share of the bank has increased to Tk 18.03, compared to Tk 17.58 during the same period last year.

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The unaudited financial report of the first quarter (January-March) was approved at the 184th meeting of the Board of Directors held on 9 May 2024, Thursday.

Furthermore, the per-share net asset value has increased from Tk 17.11 to Tk 17.52. In January-March 2024, the bank’s Earnings Per Share (EPS) have reached 44 paisa on a consolidated basis, while the EPS has increased to 40 paisa on solo basis.

The disclosure came up its 184th Board of Directors meeting held at the bank’s head office in the capital on Thursday while the bank’s chairman SM Parvez Tamal, presided over the meeting.